Verizon and Apple have finally teamed up to offer the iPhone to customers.

Since 2007, the popular iPhone has been exclusively for AT&T customers.

Verizon's new iPhone will work off of its "3G" network, while the faster "4G" network will continue to only be available for laptops.

The iPhone will cost $200-300 for a two year contract, and pre-orders will in start February.

The announcement had little impact on investors, however.

Shares in Verizon Communications fell 84 cents, or 2.3 percent in morning trading Tuesday. Apple shares lost 14 cents to $342.32.